How to register a company in Indonesia?

COMPANY REGISTRATION IN INDONESIA: GENERAL PROVISIONS

All enterprises in the territory of the specified country are divided into private, municipal and state. The most profitable forms of business in Indonesia are private limited companies (Perseroan Terbatas) and cooperatives (Koperasi). Another profitable organizational and legal form of business in Indonesia is the creation of interstate partnerships (Maatschap, Firma, Commanditaire Vennootschap). In addition, it is possible to create a representative office of the main company within state borders (Representative Office).

Activities of the company in Indonesia: state regulations keep almost all areas of the economic segment open to foreign entrepreneurs. The most popular are tourism, the transport segment, opening a restaurant business, as well as the real estate market. If the firm is engaged in a narrow specialized type of activity, it may need additional licensing.

BUSINESS REGISTRATION IN INDONESIA

The process of creating a company usually takes about 2 months and includes a number of stages.

1. Company registration in Indonesia begins with choosing a name. The name must be registered with the Ministry of Justice of the country. A thorough check of the company name is mandatory. The name must be unique, not mislead the client, not contain offensive or propaganda statements.

2. Choice of business structure.

3. Register a local office.

4. Company registration to obtain a business license.